Nov 20, 2012 11:00pm EST
own and airline stock i would say yes, but you don't need to own one. >> rob in florida. go ahead you are up. i want to give you a big florida state booyah. i want to know about duke energy. >> i think that 5% yield is terrific. let's go to shalandera in ohio. >> i was trying to find out if western union was a buy or sell? >> no, i will tell you why. that was one of the most disturbing conference calls. i had no idea. you can't touch that thing. let's go to art. >> my stock is qihu. reported a terrific quarter again yesterday and i wonder what you thought. >> there are a lot of chinese companies that are doing better. buy the fxi. that is what my trust has been buying. we believe that china has been making a major turn. let's go to jeanette in florida. >> i would like to know what you think of amcc. >> way too at the mercy of the big buyers of its technology. that thing blows in the wind of whether the big guys need equipment or not. let's go to michael in virginia. >> cim, what are your thoughts? >> i regard it as unfathomable. don't buy. let's go to sal in florida. >> thank you.
Nov 21, 2012 1:00pm EST
matthew martoma who has been arrested in his florida home yesterday and charged. cohen gen again was taken aback that federal investigators were involved. the hedge fund founder said he'll keep doing what he does. he's told staff members to just keep their heads down and continue trading as they always do. it is important to note that sac has had great returns in recent years. this year they're north of 10% up side. as a result investors have been very loyal to sac over the years and its capital base has grown. however one funds manager told me this morning that under pressure from some other investors of his own who are uncomfortable with the sac situation, he's been forced to redeem his firm's capital from sac. it is not a large amount and it is very unclear whether other investors will follow suit or not. but at the same time it kind of tells that you this recent set of events is touching a nerve among some investors, and perhaps some employees as well who seem a bit shaken. >> kate, stay with us. we'll bring in greg zuckerman with the "wall street journal." he's been tracking
Nov 21, 2012 6:00pm EST
loss is a loss, unrealized or otherwise, and don't you forget it. bill in florida, bill? >> caller: hey, yes, jim. nice to talk to you. >> same. >> caller: hey, jim, i'm a retiree, and i'm on a fixed income. i'm very concerned about the future. so much uncertainty, jim, uncertain in taxes, uncertain in the elections. >> right. >> caller: and inflation is a big concern of mine. is there anything i can do at my age to protect myself from all these uncertainties that are coming up? >> okay, well, look. i've got to tell you unless you have -- you're a person who really does have to heed my 20% in gld or gold, gold bullion. i'm not going to tell you listen, you should buy bonds that yield 2% and that's going to protect you. i think gold is going to be the best defense you have against the worries that you just outlined. let's go to anthony in virginia, please. anthony? >> caller: washington redskins boo-yah rg3 nation stand up. >> man. dan snyder is your owner, have you thought about that at all? >> caller: i got a quick question. >> boo! >> when stay on the sidelines or look to get in